319
319
Dec 14, 2012
12/12
by
CNBC
tv
eye 319
favorite 0
quote 0
also, china story. apple's iphone is officially on sale in china starting today. that should help apple reverse a slide in its market share in that really important area. but analysts say the key to apple's future in china is a tie-up with the telecom operator china mobile. the two have been in talks for years but haven't yet come to any agreement. and you wonder how much china, how much do they want? how much do you have to give up to get a part over there? almost everything, right? >> pretty much. all of your data, everything -- >> their way, they get your technology. do they get the lion's share of -- do they split anything down the middle? >> anyway let's talk about facebook. a major facebook lockup expiration is happening today. early employees' investors will get their first chance to sell about 156 million facebook shares since the ipo back in may. and joining us now on the "squawk" newsline, henry blodget, the ceo and editor in chief at business insider. good morning. >> good morning, thanks for having me. >> a little prognostication here. does this matter
also, china story. apple's iphone is officially on sale in china starting today. that should help apple reverse a slide in its market share in that really important area. but analysts say the key to apple's future in china is a tie-up with the telecom operator china mobile. the two have been in talks for years but haven't yet come to any agreement. and you wonder how much china, how much do they want? how much do you have to give up to get a part over there? almost everything, right? >>...
214
214
Dec 17, 2012
12/12
by
CNBC
tv
eye 214
favorite 0
quote 0
we didn't talk about china at all. china is evidencing, from every angle, a soft landing. >> well, they're not talking about doing any additional big stimulus package? >> they probably don't need to. so we're that going to get acceleration on the other side but we're not going to have this fall, and where is this going to stop? if you have china, okay. the u.s. a little better. europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal cliffwise and we actually start tackling some of these long-term issues, you know diffident taxes are heading up. what -- is the market spring loaded so that if we get what we want it will be a really solid advance that we get? >> solid, look, joe, and in a muddle through economy solid is only a mid teen number. we're not going to get 30% gain. >> put the two years together we could have 30, if we get some of the things -- >> we had three straight years at 30. >> that was a different world. earnings were higher. they're flagging a bit now. >> if everybod
we didn't talk about china at all. china is evidencing, from every angle, a soft landing. >> well, they're not talking about doing any additional big stimulus package? >> they probably don't need to. so we're that going to get acceleration on the other side but we're not going to have this fall, and where is this going to stop? if you have china, okay. the u.s. a little better. europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal...
173
173
Dec 18, 2012
12/12
by
CNBC
tv
eye 173
favorite 0
quote 0
and among the catalyst here, signs that china's recovery is gaining traction. sources say that the bank of japan will ease monetary policy this week and consider adopting a 2% inflation target no later than january. policymakers are seen responding to pressure from the incoming prime minister there. shinzo abe for stronger efforts to beat deflation. in the meantime, india's central bank kept interest rates on hold yesterday ignoring pressure to reduce borrowing costs. policymakers said they were shifting the focus to reducing the economy and that raises the odds of a rate cut as early as january. andrew olson, over to you. >> ubs reportedly nearing a fine of up to $1.5 billion. the bank is close to finalizing a deal with regulators according to the financial times. about three dozen bankers and senior managers are said to face criminal or civil charges. >>> and it's official this morning, tend of an era for aig. details emerged during squawk yesterday. today, the u.s. insurer rates $6.5 billion from the sale of its remaining stake in aia group. and boeing is ra
and among the catalyst here, signs that china's recovery is gaining traction. sources say that the bank of japan will ease monetary policy this week and consider adopting a 2% inflation target no later than january. policymakers are seen responding to pressure from the incoming prime minister there. shinzo abe for stronger efforts to beat deflation. in the meantime, india's central bank kept interest rates on hold yesterday ignoring pressure to reduce borrowing costs. policymakers said they...
188
188
Dec 30, 2012
12/12
by
FBC
tv
eye 188
favorite 0
quote 0
lot of good public health things beg done and the rest of the world that is dominateing, india and china, but in the 60's they ssed the market economies are good and they grow their economies and they are catching up. todaen we land, 2010, tse are the countries that borro money theichest when they have their problems. >> in my mind this raises two questions, or two amazing results from this. there have been thousands of years of human history and everyone was stuck on the lower left for thousands of years, it has been 200 years that you have all of this activity and how comeome countries are still stuck? >> it is easy to understand. the best message today is that most of thefrican countries are now in fast economic growth. they have correctedthe wrong market ideas they had 20 years ago, and they have a much better education than, -- and tanzania is similar to thailand in 1972 and soon we will see african countries doing good. >> this is wonderful. our problems are solved w know wh works and we will be rich. >>guest: no, we ha this problem with t billion human beings in poverty. i did mos
lot of good public health things beg done and the rest of the world that is dominateing, india and china, but in the 60's they ssed the market economies are good and they grow their economies and they are catching up. todaen we land, 2010, tse are the countries that borro money theichest when they have their problems. >> in my mind this raises two questions, or two amazing results from this. there have been thousands of years of human history and everyone was stuck on the lower left for...
191
191
Dec 14, 2012
12/12
by
CNBC
tv
eye 191
favorite 0
quote 0
china's top leader res expected to meet saturday and sunday and monday we'll finally gets china's foreign direct investment numbers for december. lots to watch and it will be interesting to keep appear eye on how traders sxret express views over the weekend. straight ahead on the show, a round about in east london is being hailed as europe's answer to silicone valley. but should california tech giants be shaking in their hoodies? stay tuned. >>> welcome back to the program. the financial times picked mario draghi as its financial person for the year. earlier in the program, we asked you who would be your pick. bruce tweeted in to say silvia wadhwa, she's my favorite. silvia gets our vote, too. get in touch with us by e-mail, worldwide@cnbc.com, tweet us or tweet ross even though he's not here. in fact, i encourage that. >>> east london has been hailed to europe's answer to silicone valley. can it really compete? and what's in it for investors? tom mckenzie reports. >> in just a few years, london's tech city has grown from a handful of companies to a buzzing cluster of close to 5,000 busin
china's top leader res expected to meet saturday and sunday and monday we'll finally gets china's foreign direct investment numbers for december. lots to watch and it will be interesting to keep appear eye on how traders sxret express views over the weekend. straight ahead on the show, a round about in east london is being hailed as europe's answer to silicone valley. but should california tech giants be shaking in their hoodies? stay tuned. >>> welcome back to the program. the...
131
131
Dec 28, 2012
12/12
by
FBC
tv
eye 131
favorite 0
quote 0
got my mba from the university of miami and many peopl from all ports of the world, india, europe, china, who wanted to stay here after they graduated and work on their companies, create new start-ups, but they were unable to do so because after you graduate you get a job with an existing company or you leave and for many them that was not a good option and they left and took their ideas and companies with them. >> so th get their fancy education here and go back to indian or somewhere else. >>guest: w would like to stem the tide and keep them closer, and bring them back to the united states so they can create new job and new companies. >> if they worked for a company they could have stayed? >>guest: if you get sponsored by a large corporation you can get the prop visas to work in the country but you cannot self sponsor and you cannot be here and create your own start-ups without going through some pret significant legal work. >> to build this big ship where people live cost as lot of money and peop are actually giving you money fo this? >>guest: theface book funder and creator of pay pa
got my mba from the university of miami and many peopl from all ports of the world, india, europe, china, who wanted to stay here after they graduated and work on their companies, create new start-ups, but they were unable to do so because after you graduate you get a job with an existing company or you leave and for many them that was not a good option and they left and took their ideas and companies with them. >> so th get their fancy education here and go back to indian or somewhere...
70
70
Dec 28, 2012
12/12
by
FBC
tv
eye 70
favorite 0
quote 0
lot of good public health things being done and the rest of the world that is dominateing india and china, but in the 60's they missed. the market economies are good and they grow their economies and they are catching up. today when we land, 2010, these are the countries that borrow money to the richest when they have their problems. >> in my mind this raises two questions, or two amazing results from this. there have been thousands of years of human history and everyone was stuck on the lower left for thousands of years, it has been 200 years that you have all of this activity and how come some countries are still stuck? >> it is easy to understand. the best message today is that most of the african cntries are now in fast economic growth. they have corrected the wrong market ideas they had 20 years ago, and they have a much better education than, -- and tanzania is similar to thailand in 1972 and soon we will see african countries doing good. this is wonderful. our problems are solved w know what works and we will be rich. >>guest: no, we have this problem with two billion human beings
lot of good public health things being done and the rest of the world that is dominateing india and china, but in the 60's they missed. the market economies are good and they grow their economies and they are catching up. today when we land, 2010, these are the countries that borrow money to the richest when they have their problems. >> in my mind this raises two questions, or two amazing results from this. there have been thousands of years of human history and everyone was stuck on the...
148
148
Dec 10, 2012
12/12
by
CSPAN
tv
eye 148
favorite 0
quote 0
people say, how do we compete with china? we can have the entire world at our disposal and start businesses. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments in the future rather than having short-term spending. support for basic research and for higher education, as drew talked about. tell us what is and we can plan around it with respect to health care costs and energy costs. then it businesses can create a renaissance of american competitiveness. >> i think that is a brilliant agenda. i don't think that has changed. let's assume we go through the fiscal cliff. immigration, investments. you are not going to do a dream act. it.had a chance to do w george bush, john mccain. maybe the republic
people say, how do we compete with china? we can have the entire world at our disposal and start businesses. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments...
111
111
Dec 14, 2012
12/12
by
CNBC
tv
eye 111
favorite 0
quote 1
the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's counter intuitive. >> if that were to happen, i agree with josh. i don't know that i see that in front of us. if that were to happen, i think that present a great opportunity. i look at the financials. goldman sachs, i look at all the financials. jpmorgan, goldman sachs, i like them. >> i totally get what mike's saying. it's an interesting thing to consider. it's definitely possible of course. my inclination would be a 1,000 point dow rally. there's so much pent up fear and skepticism. with that out of the way in addition to what the feds told us, which is low rates until we're dead, i ca
the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's...
220
220
Dec 31, 2012
12/12
by
CNBC
tv
eye 220
favorite 0
quote 0
china pmi rising to 51.5. and that is a result of manufacturing in china in a year and a half. the shanghai index ended the day about 1.6% higher, highest close since june 20th. it has been a nice run that we've seen also in china to our point before. it's been up 16% since its four-year low in december. >> for the year the index is up 3% right now. for those who missed it, this will be the first annual gain in, i believe, three years' time. this has not been a positive stock market, despite the economy growing 7%, 8%, 9% or so. as the chinese president said this morning, there will be policies put in place to support growth. and whatever nervousness in the transition is going to fade and policymakers can get more involved. >> we've seen this play out in the metal stakes. the best fourth quarter in two years, up 56%. iron ore prices. that's a real lead on demand. and especially as the chinese government makes all these nods toward urbanization plans and the need to update and invest in infrastructure. these are the areas where you want to be. >> yeah. also ties into what clearl
china pmi rising to 51.5. and that is a result of manufacturing in china in a year and a half. the shanghai index ended the day about 1.6% higher, highest close since june 20th. it has been a nice run that we've seen also in china to our point before. it's been up 16% since its four-year low in december. >> for the year the index is up 3% right now. for those who missed it, this will be the first annual gain in, i believe, three years' time. this has not been a positive stock market,...
248
248
Dec 4, 2012
12/12
by
CNBC
tv
eye 248
favorite 0
quote 1
china is okay. a lot of talk some institutional people might begin selling at this point because certainly retail investors in the u.s. are definitely buying the gold through the gld right now. the fiscal cliff very quickly here because the general consensus outlines of a deal out there. i know it doesn't sound that way. they're far apart. blah-blah. here is the idea. elements are emerging, folks, higher tax rates. nobody down here doesn't think there isn't going to be. if it's not 39% for the top 2%, it'll be 38%. some kind of compromise in the a area. the bad news and i've said this several times, the era of american austerity is beginning now and everybody is starting to realize that. the question is what's it going to look like? the good news is it's likely to be a gentle austerity, if i can say that, in 2013 and probably 2014 depending on the spending cuts. and there will be some cushion. the fed likely will continue its q/e program. they'll likely continue that during their meeting on december
china is okay. a lot of talk some institutional people might begin selling at this point because certainly retail investors in the u.s. are definitely buying the gold through the gld right now. the fiscal cliff very quickly here because the general consensus outlines of a deal out there. i know it doesn't sound that way. they're far apart. blah-blah. here is the idea. elements are emerging, folks, higher tax rates. nobody down here doesn't think there isn't going to be. if it's not 39% for the...
291
291
Dec 6, 2012
12/12
by
CNBC
tv
eye 291
favorite 0
quote 0
of big caterpillar equipment and talk about what's going on in china and i hope we get back to that. you're right that's all we're talking about instead of talking about caterpillar and what you do well as a great company. >> thank you. again, every time i come to the floor it's the hub of our greatness in this country of business. it's why we're here. it's really fun and exciting and let answer get into '13 and get into real things. i'm with you, joe. >> i know, but this deal has to play in peoria. >> it will play. >> compared to what you got in illinois now anything looks good. thanks. >> okay. >>> the executive chef tpz at jpmorgan the bank naming two chief officers to oversee things like anti-moneying. kayla tausche joins us. >> the person to watch everyone watching is looking at jez staly, he was chairman as of july largely viewed as a swank song role that rivals have taken note of. there were discussions over the ceo at legg mason, the baltimore asset manager. the talks fell apart and staly was the top of the short list for the board and recruiters after being serious talks for
of big caterpillar equipment and talk about what's going on in china and i hope we get back to that. you're right that's all we're talking about instead of talking about caterpillar and what you do well as a great company. >> thank you. again, every time i come to the floor it's the hub of our greatness in this country of business. it's why we're here. it's really fun and exciting and let answer get into '13 and get into real things. i'm with you, joe. >> i know, but this deal has...
185
185
Dec 13, 2012
12/12
by
CNBC
tv
eye 185
favorite 0
quote 0
kfc in china. that's the growth in their, i think isn't yum bigger than mcdonald's in terms of total number? >> yeah. >> i think subway is, too. research -- >> they don't even call it kentucky tried anymore. >> kfc. >> and it's really chicken. >> that's uncalled for. what do you think it is, cat? that is uncalled for. >> this is all i'll say. >> tastes like chicken. >> yes, it's chicken! if david novak -- >> taco bell. >> yeah, taco bell. >> is that really meat? is that your next -- >> no. all right. the restaurant -- research in motion, rim shares coming off a seven-month high on news that the u.s. immigrations and customs enforcement agent are going to use the blackberry 10 on a trial basis. that is on news, did you see this, that the agency is going to ditch the iphone in favor -- >> okay, so why? >> i don't know. i just want to say, so blackberry was one of the sponsors of the thing yesterday, at the dealbook conference and they showed off the blackberry 10. >> kel me about it. >> they have one
kfc in china. that's the growth in their, i think isn't yum bigger than mcdonald's in terms of total number? >> yeah. >> i think subway is, too. research -- >> they don't even call it kentucky tried anymore. >> kfc. >> and it's really chicken. >> that's uncalled for. what do you think it is, cat? that is uncalled for. >> this is all i'll say. >> tastes like chicken. >> yes, it's chicken! if david novak -- >> taco bell. >> yeah,...
14
14
tv
eye 14
favorite 0
quote 0
states refusing to sign on the other side russia and china some other states happily signing that that agreement is it could it be called an internet cold war starting definitely not and i could hardly grieve that it was a kind of a failure because we have like eighty nine countries already who openly schol dear editor and openly agreed to sign the new document. even though the they're just eighty nine countries many remaining countries they are still in the process of signing ok let's just zoom in on the russia itself for a second. russia was one of those pushing at this summit for more regulation of of what was to was called a national segment of the internet first of all could you just help me i find that an odd concept of the national segment of the internet how do you define a national psyche in something that everyone really thinks of as as without boundaries as a as a global phenomenon you know my personal edited to add to what happened in the way and to it exactly to the coverage must media. it seems to me that musk media definitely overreacted on what was actually written in t
states refusing to sign on the other side russia and china some other states happily signing that that agreement is it could it be called an internet cold war starting definitely not and i could hardly grieve that it was a kind of a failure because we have like eighty nine countries already who openly schol dear editor and openly agreed to sign the new document. even though the they're just eighty nine countries many remaining countries they are still in the process of signing ok let's just...
323
323
Dec 6, 2012
12/12
by
CNBC
tv
eye 323
favorite 0
quote 1
but how do you see the big picture in china? there's definitely a narrative that says high levels of capital spending lead to poor profitability and maybe that's what the stock markets had a sniff on over the last 18 months. where do you think we are in that story? >> well, no doubt it's driven by capital like all capital investments. and where are the investments going? they're going to china's massive infrastructure. don't forget china is still in the middle of a largest organization exercise in human history, building something like 221 new cities. so there's no did you tell that some of the buildings and roads or even shopping malls may in the short term appear empty. and then that fits into the kind of speculation there will be a huge asset or property bubble that's bound it on burst. but don't forgetbeginning, a lo buildings. and don't forget the speed of the urbanization process is going on in china. but as a national strategy also to balance the economy away from the capital kind of investment towards domestic consumptio
but how do you see the big picture in china? there's definitely a narrative that says high levels of capital spending lead to poor profitability and maybe that's what the stock markets had a sniff on over the last 18 months. where do you think we are in that story? >> well, no doubt it's driven by capital like all capital investments. and where are the investments going? they're going to china's massive infrastructure. don't forget china is still in the middle of a largest organization...
114
114
tv
eye 114
favorite 0
quote 0
china and asia pacific will have nearly 4,000 locations by the end of 2013. shares of the company up about 20% over the past year, nice move there but off the highs of the year. so we have these worries about the fiscal cliff, they seem to be holding, the markets or at least the psychological of a lot of investors hostage. so once the dust finally settles, what's the s&p's next move? joining us now in a fox business exclusive, not just the s&p, bill, right? bill strazzullo's joining us, chief market strategist at bell curve trading. good to see you. >> good to see you, liz. look, i think -- go ahead. liz: no, i was just going to say, you know, it's not just the s&p, but, of course, that's the broad indicator of what a lot of people look at and invest in, so how should they be viewing this on a day-to-day basis? >> the first thing you have to do, liz, is just be very disciplined. we've had a really nice run mapping out buy and sell levels and not getting caught in the between moves. for instance, right after the election we advised our clients we should get a
china and asia pacific will have nearly 4,000 locations by the end of 2013. shares of the company up about 20% over the past year, nice move there but off the highs of the year. so we have these worries about the fiscal cliff, they seem to be holding, the markets or at least the psychological of a lot of investors hostage. so once the dust finally settles, what's the s&p's next move? joining us now in a fox business exclusive, not just the s&p, bill, right? bill strazzullo's joining us,...
156
156
Dec 1, 2012
12/12
by
CURRENT
tv
eye 156
favorite 0
quote 0
in china. all of this was designed using our software. >> so it's architects, the engineers in all of these companies. how broad international you've got a portfolio that spans i would imagine not just united states companies. >> as a matter of fact 75% of our business is outside of the united states. if you want to understand it, mostly our revenue and our business is where the gdp is. where there is economic activity, where people are building designing and manufacturing things that's where we are. >> you're also in another area of the economy that is getting a lot of attention manufacturing particularly 3-d printing. we have a number of things that you brought in and people are wondering what the heck is sitting on the table. one of them is a speaker that you printed. it sounds so extraordinary. you had this printed out, software, that allowed you to send a file to a printer machine like we would print out a document, instead printed this out. >> absolutely true. people have to pause. some p
in china. all of this was designed using our software. >> so it's architects, the engineers in all of these companies. how broad international you've got a portfolio that spans i would imagine not just united states companies. >> as a matter of fact 75% of our business is outside of the united states. if you want to understand it, mostly our revenue and our business is where the gdp is. where there is economic activity, where people are building designing and manufacturing things...
184
184
Dec 24, 2012
12/12
by
KTVU
tv
eye 184
favorite 0
quote 0
how much of a foray will china make into europe? > > as the chinese captain who runs cosco told me, europe had, for a long time, enjoyed a number of protections. they started spending a lot of money that they didn't have, and now they're paying a price. so what is going to have to happen going forward is that probably europeans are going to have to go back on a number of protections, moving somewhat in the direction the chinese are, which is perhaps to say lower wages, less protections. but europeans certainly, and certainly here in greece, are going to be fighting back against a wholesale backslide toward, again, what many see as the possibility of stumbling into third world working conditions. > > liz alderman of the new york times. thanks so much for your reporting today. > > thank you for having me. still ahead, hits and flops. a look back at the movies that brought riches and pr headaches for film studios. but first, we'll hear from the man who shook things up after a stunning exit from goldman sachs. that's next. wall street e
how much of a foray will china make into europe? > > as the chinese captain who runs cosco told me, europe had, for a long time, enjoyed a number of protections. they started spending a lot of money that they didn't have, and now they're paying a price. so what is going to have to happen going forward is that probably europeans are going to have to go back on a number of protections, moving somewhat in the direction the chinese are, which is perhaps to say lower wages, less protections....
134
134
Dec 24, 2012
12/12
by
FBC
tv
eye 134
favorite 0
quote 0
new at 10, china is set to become the largest consumer of coal. still, the u.n. kind of gives them a pass on so-called dirty energy even while they criticize the u.s. for not being green enough. we try to level the playing field with a leading environmentalist. stay tuned.
new at 10, china is set to become the largest consumer of coal. still, the u.n. kind of gives them a pass on so-called dirty energy even while they criticize the u.s. for not being green enough. we try to level the playing field with a leading environmentalist. stay tuned.
138
138
Dec 10, 2012
12/12
by
KTVU
tv
eye 138
favorite 0
quote 0
it plans to open 2400 starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers of michigan's legislature, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california sh
it plans to open 2400 starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be...
1,759
1.8K
Dec 26, 2012
12/12
by
KGO
tv
eye 1,759
favorite 0
quote 1
. >>> and a feat of engineering on display in china this morning. service began today on the world's longest high-speed rail line. the average speed, hang on, everybody. 186 miles per hour. it used to take 22 hours to get from beijing to guangzhou. now, it will take about eight. that's about the same distance as new york to key west. how about that? in just eight hours. i think i would rather be in key west than guangzhou, though. just me? >>> finally, could be the best christmas present ever. a young girl here in new york has just been reunited with her best friend after a heartless crime. take a look at this. she was in a grocery store with her family christmas eve, when this man dog-napped her cavalier king charles spaniel named marley. who was tied up outside. a good samaritan later saw that man trying to sell the dog. she forked over $220 of her own money to buy marley back. and she had a feeling he had been stolen. so, she took him to a vet to be scanned for a microchip and found his true owner, setting up this amazingly, joyful christmas reun
. >>> and a feat of engineering on display in china this morning. service began today on the world's longest high-speed rail line. the average speed, hang on, everybody. 186 miles per hour. it used to take 22 hours to get from beijing to guangzhou. now, it will take about eight. that's about the same distance as new york to key west. how about that? in just eight hours. i think i would rather be in key west than guangzhou, though. just me? >>> finally, could be the best...
85
85
Dec 4, 2012
12/12
by
CNBC
tv
eye 85
favorite 0
quote 0
is china your best bet in 2013? joining us is chief china equity strategist at goldman sachs. always great to speak with you. >> those pmi numbers seven-month high. fourth month gain. it is the longest streak in more than a year for the chinese currency and the stock market lowest level since 2009. what is telling the true story? >> well, i think obviously we are seeing pretty reasewassurin cyclical signs and the market is reacting more. there has been a big divergence in terms of performance. the reason the asian market is not turning so much is because it is less correlated to the global market. and secondly i think it is just not only focusing on structural reform issues more but more bearish on the cyclical outlook. those are probably some of the key differences. we think that tha asia market guys are a little too bearish on the cyclical and reform side. we think that 2013 returns will be a little higher for a versus for h. >> you have introduced with your most recent note at the end of november a reform basket of stocks. can you walk us through what that means? >> over th
is china your best bet in 2013? joining us is chief china equity strategist at goldman sachs. always great to speak with you. >> those pmi numbers seven-month high. fourth month gain. it is the longest streak in more than a year for the chinese currency and the stock market lowest level since 2009. what is telling the true story? >> well, i think obviously we are seeing pretty reasewassurin cyclical signs and the market is reacting more. there has been a big divergence in terms of...
305
305
Dec 11, 2012
12/12
by
CNBC
tv
eye 305
favorite 0
quote 0
china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but they seem to be inwardly focused now by being a triangle of china, india, indonesia. we're not seeing a great benefit into europe as we did before. for instance, germany is looking pretty pessimistic. based on its lack of export performance to places like china. >> yeah. when the bundes bank came out and shortly downgraded forecasts, how is the employment picture? if you've got a relatively healthy china and the u.s. consumer bounce back, wouldn't that help germany? >> it certainly would. germany is relatively flat in terms of the employment outlook. so i
china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but...
151
151
Dec 5, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
that get into china. so it's not all roses, but we need new marketplaces and china is certainly growing as an extraordinary pace. >> yeah, and what's it like trying to finance productions at the moment? >> just globally -- i mean, the marketplace is pretty strong. after 2008, there was -- we kind of hit a roadblock with banks and with wall street and all of that kind of stuff. but i think the marketplace and the financial marketplace has come back pretty strong. though there are problems in some territories in europe like italy and spain, greece, of course. there are other strong markets. again, this is a reason why china and russia and brazil and india have become so important at the global scenario. >> okay, we wish you all the best. have a great few days there in singapore. >>> the british chancellor executive george osborne is giving his autumn statement today. the chancellor has already dropped big hints about what we can expect. katie barnfield has gone up to man chester to see how the government's
that get into china. so it's not all roses, but we need new marketplaces and china is certainly growing as an extraordinary pace. >> yeah, and what's it like trying to finance productions at the moment? >> just globally -- i mean, the marketplace is pretty strong. after 2008, there was -- we kind of hit a roadblock with banks and with wall street and all of that kind of stuff. but i think the marketplace and the financial marketplace has come back pretty strong. though there are...
103
103
Dec 24, 2012
12/12
by
FBC
tv
eye 103
favorite 0
quote 0
china and the united states. david: hold on, bob, let me define what you mean about clean energy, a lot of people from nrc did do not include natural gas with clean energy, but do you? >> well, what i'm talking about is wind, solar and other sources, but the key-- >> what about natural gas bob? >> the key to it, david, how we get it. it has to be gotten in a responsible way. we can't continue to put our communities, our ranchers, our farmers at risk and we can't continue to kick down the road the transition we need to make for the sake of our economy, for the sake of our national security for the sake of our-- >> we're not kick it go down the road. this isn't a fiscal cliff kick down the road. they're improving techniques all the time. they're not kicking the problem down the road. >> most are. and those that aren't need to be required to do so. we need to improve the public oversight. right now they don't have to comply with our foundational safeguards, david. like the clean water act. safe drinking water. that
china and the united states. david: hold on, bob, let me define what you mean about clean energy, a lot of people from nrc did do not include natural gas with clean energy, but do you? >> well, what i'm talking about is wind, solar and other sources, but the key-- >> what about natural gas bob? >> the key to it, david, how we get it. it has to be gotten in a responsible way. we can't continue to put our communities, our ranchers, our farmers at risk and we can't continue to...
1,401
1.4K
Dec 22, 2012
12/12
by
KNTV
tv
eye 1,401
favorite 0
quote 0
there i was, setting sail for china on christmas eve, leaving poor bertha in the hands of that... [ahem] coo... what will my family do without their lucky cricket on the hearth? aye, you'll fetch a pretty price, you will-- a bolt of silk or a crate of tea. um...uh! what be the matter with you? go on! deader than a doornail he be. a dead cricket's no good to me! my plan worked perfect-like. i only overlooked one thing-- crickets can't swim. but luck was with me, for another thing i forgot was crickets float. now, i know you're not going to believe how i got back to land, but this is the way it happened. look, so help me. it was just before midnight when i got back. home at last. coo... a wedding dress. she's going to go through with it. [cuckoo clock] it's midnight, midnight on christmas eve-- the one hour in the year when magical things are supposed to happen. oh, look, maybe this bloke's still in luck. hello, hello. here now. here now. what's up? blimey. the toys. they're coming to life. hoo hoo hoo... what a sight. run around. run around. hey. oh, lovely. simply lovely. oh, we'v
there i was, setting sail for china on christmas eve, leaving poor bertha in the hands of that... [ahem] coo... what will my family do without their lucky cricket on the hearth? aye, you'll fetch a pretty price, you will-- a bolt of silk or a crate of tea. um...uh! what be the matter with you? go on! deader than a doornail he be. a dead cricket's no good to me! my plan worked perfect-like. i only overlooked one thing-- crickets can't swim. but luck was with me, for another thing i forgot was...
187
187
Dec 21, 2012
12/12
by
CNBC
tv
eye 187
favorite 0
quote 0
now, in greater china, also some losses. the shanghai comp is more isolated than the rest of these markets from global happenings. it wasn't really the fiscal cliff worries that had this index down. this index has rallied in december. but it's still under water while the rest of the indexes are notching some percentages for the year. they control about three quarters of trade in this market, so, really, they're going to have to buy in if they're going to see any sustained rally. the hang seng is up about 22% for the day. pulling back this week, we're down .7% weighing heavily in this market were the chinese banks. the banks listed in shanghai. liquidity concerns as they head into the end of the year and try wrapping up their balance sheets for regulatory requirements next year. that's the asx worries here. and the bse sensex, the momentum of losses has been increasing over the last little bit. but this market doing very well on the year, as well, up nearly 25%. so a pretty ugly picture here, kelly, but if the world is going
now, in greater china, also some losses. the shanghai comp is more isolated than the rest of these markets from global happenings. it wasn't really the fiscal cliff worries that had this index down. this index has rallied in december. but it's still under water while the rest of the indexes are notching some percentages for the year. they control about three quarters of trade in this market, so, really, they're going to have to buy in if they're going to see any sustained rally. the hang seng...
209
209
Dec 17, 2012
12/12
by
CNBC
tv
eye 209
favorite 0
quote 0
and china did 2 million iphone 5s. europe is week. but with demands elsewhere looking healthy, some numbers at least seem to be going apple's way. the question is whether samsung and amazon are meaningfully zapping the apple products. >> all right, jan. thanks so much. >> we've got both sides of that debate right now. the iphone 5's big debut in china is further proof that apple's fundamentals are solid one says. but stewart jeffrey is not sold. he says rivals like google's android are catching up. we were just talking there. jon pointing out the other competition out there. stock down 25% in the last three months. you remain bullish though. why? >> i do. i think a lot of the selling has to do with capital gains taxes. i think it was from the 700 level. and then you had another wave of it with long-term capital gains taxes. fears of that after the election we think caused an issue. we think that's why the stock is down. we still think it's quite solid. >> what about the competitive environment? stewart, that's one you've been looking
and china did 2 million iphone 5s. europe is week. but with demands elsewhere looking healthy, some numbers at least seem to be going apple's way. the question is whether samsung and amazon are meaningfully zapping the apple products. >> all right, jan. thanks so much. >> we've got both sides of that debate right now. the iphone 5's big debut in china is further proof that apple's fundamentals are solid one says. but stewart jeffrey is not sold. he says rivals like google's android...
108
108
Dec 5, 2012
12/12
by
CNBC
tv
eye 108
favorite 0
quote 0
the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the global economy is doing better, they will continue to go higher. >> up 7%, western digital. mike? >> accelerated dividend is one. >> and we've got a pop here for honey boo boo. >> what? >> what do secretary of state hillary clinton, chris christie and honey boo boo have in common? they've all been placed on barbara walters' most fascinating list. honey boo boo has her fair share of critics including adam lee convenient and south parks. she's sweet loving. look at that face. >> so that's not a sign? >> what? >> of the myan prophecy. >> i knew you were going there. >> that's scary. >> all rig
the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the global economy is doing better, they will...
24
24
tv
eye 24
favorite 0
quote 0
states will bring merrily south korea's building on july weren't it an effort to create a ring around china perhaps and to deal with north korea are all setbacks to peace what's necessary i think at this point in time is not is to step back from the process and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan has a region will have a huge impact on world east and i think that it's really incumbent that we put pressures towards peace and not toward amping up the conflict it anymore. well stay with us here on r.t. still to come the opposition in bahrain meets the latest attempt by the king to mute their voices with anger promising more protests despite the monarchy's ban on public gatherings plus. the u.k. be turning into an island of tax avoidance as a giant corporations get out of paying their fair share many citizens can barely make ends meet that and more after a short break. do we speak your language i mean some of the. news programs and documentaries in spanish what matters to you. a little tune in to angles
states will bring merrily south korea's building on july weren't it an effort to create a ring around china perhaps and to deal with north korea are all setbacks to peace what's necessary i think at this point in time is not is to step back from the process and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan has a region will have a huge impact on world east and i think that it's really incumbent that we put...
59
59
Dec 13, 2012
12/12
by
CNBC
tv
eye 59
favorite 0
quote 0
china is growing as a luxury buyer. and although their falloff, tiffany's had high profile warnings base and weaker china, they're going to grow % next year and on top of that the following year. how do you call it quilts here? >> the power gauge is my guide here. china retail sales were up 15% recently. that came out of the blue. you have to go with a disciplined approach to the stocks. if the power gauge is bearish, and it's not bearish on all, but if the power gauge is bearish, i think this is a great place to raise cash. >> we're showing charts and the gauges for tiffany as well as coach and they are very l leveraged to china. >> no doubt. >> the negative power gauge there. there is one stock that you brought with you, mark, that is positive in terms of the power gauge, and that is yahoo!, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly und
china is growing as a luxury buyer. and although their falloff, tiffany's had high profile warnings base and weaker china, they're going to grow % next year and on top of that the following year. how do you call it quilts here? >> the power gauge is my guide here. china retail sales were up 15% recently. that came out of the blue. you have to go with a disciplined approach to the stocks. if the power gauge is bearish, and it's not bearish on all, but if the power gauge is bearish, i think...
14
14
tv
eye 14
favorite 0
quote 0
states will bring merrily south korea's building on july the and in an effort to create a ring around china perhaps and to deal with north korea are all setbacks to peace what's necessary i think at this point in time is not is to step back from the process and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan has a region will have a huge impact on world east and i think that it's really incumbent that we put pressures towards peace and not toward amping up the conflict anymore. well that's it for me and the news team for the moment we'll be back with more news for you into thirty five minutes from now in the meantime the death of one of the most prominent soviet leaders remains shrouded in mystery or examine the circumstances surrounding the end of joseph stalin ends life now that is coming your way in just a few minutes from now after this break stay. all. ears up to see the. destruction without seeing. what could be just rooms. saved by a great sacrifice. and restored by human just such. a remarkable reminder
states will bring merrily south korea's building on july the and in an effort to create a ring around china perhaps and to deal with north korea are all setbacks to peace what's necessary i think at this point in time is not is to step back from the process and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan has a region will have a huge impact on world east and i think that it's really incumbent that we put...
206
206
Dec 4, 2012
12/12
by
CNBC
tv
eye 206
favorite 0
quote 0
china. >> today's news of the big four being challenged by the sec. china -- at least japan's a democracy. >> you're lucky you were blowing the whistle in japan and not china. you wouldn't be here. >> a good point. >> it's a crazy story. i still can't get over -- >> the author of republicans at the gate did a review in the new york times and he said this story compares with a john grisham knowledge and it does. >> what was the 700 million, fees paid to banks? >> it was just false fees. one piece of paper. >> and who ended up lining the pockets here? >> the money went to the cayman islands. so we'll a never know the truth. part of it was just to try to use off balance sheet vehicles to write them down. >> this former ceo, has he got cayman island accounts? >> i don't think there's any evidence of personal gain. no evidence of that. but last month in japan -- >> who was the owner of cayman island accounts? >> we'll never know all the truth. we'll never know all the truth unfortunately. but the
china. >> today's news of the big four being challenged by the sec. china -- at least japan's a democracy. >> you're lucky you were blowing the whistle in japan and not china. you wouldn't be here. >> a good point. >> it's a crazy story. i still can't get over -- >> the author of republicans at the gate did a review in the new york times and he said this story compares with a john grisham knowledge and it does. >> what was the 700 million, fees paid to banks?...
20
20
tv
eye 20
favorite 0
quote 0
and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan has a region will have a huge impact on world east and i think that it's really incumbent that we could pressure is toward peace and not for amping up the conflict any war president vladimir putin is announce a crackdown on corruption in the country saying no official politician will be able to rest easily but in focus on problems at home as he spoke to lawmakers for the first time since returning to the top job artie's alexia cesky listen to what the president had to say. several years ago when former president medvedev addressed russia's lawmakers this signaled major constitutional changes for the country with the presidential term being extended to six years this time when president putin delivered his first annual address after returning to the kremlin for the third time it ran no major sensations nor political changes but at the same time this speech was even more significant as some have already said than many others before this time put in barely s
and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan has a region will have a huge impact on world east and i think that it's really incumbent that we could pressure is toward peace and not for amping up the conflict any war president vladimir putin is announce a crackdown on corruption in the country saying no official politician will be able to rest easily but in focus on problems at home as he spoke to lawmakers...
18
18
tv
eye 18
favorite 0
quote 0
concerns were raised over the conservatives come back with fears about their leaders close ties with china and they don't go in territorial tensions. and thousands of medical workers in madrid have marched against plans to privatized hospitals the government insists is part of the austerity measures needed to pick the country up from its deep recession austerity is biting ever harder in spain where half of all young people are unemployed spain has a debt of one hundred forty five billion euros but is trying to avoid following week eurozone members down the path of balance. all of the names of the victims of the u.s. elementary school massacre in connecticut have been released twenty children gunned down in a shooting spree were aged between six and seven in the attack i did. as twenty year old adam lanza shot dead his mother at their home before going on to kill at the school eventually turn the rifle on himself a memorial service for the victims has been held while flags flew with a half mast in washington. for it are still to come after a very short break here what are we brace the cold
concerns were raised over the conservatives come back with fears about their leaders close ties with china and they don't go in territorial tensions. and thousands of medical workers in madrid have marched against plans to privatized hospitals the government insists is part of the austerity measures needed to pick the country up from its deep recession austerity is biting ever harder in spain where half of all young people are unemployed spain has a debt of one hundred forty five billion euros...
70
70
Dec 10, 2012
12/12
by
CNBC
tv
eye 70
favorite 0
quote 0
china's corporate criminals who are often inditing wishable. we don't want to give the chinesing nomic sift apple larger footprint into american capitalism. secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer. an american-owned option. >> on that point, alan, is there any sensitive technology or information that is going to be given to the chinese through this trance ak. >> that's a great question, mandy. you are broadcasting from northern jersey, right sni think you recently you learned how important electricity grids are, right? when you don't have electrical power bb life becomes very bad. a123 is making product that helps control the electricity grid system. do we want the chinese owning this technology? the possibility for sabotage is after t astro nom cal.
china's corporate criminals who are often inditing wishable. we don't want to give the chinesing nomic sift apple larger footprint into american capitalism. secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer....
27
27
tv
eye 27
favorite 0
quote 0
states will bring merrily south korea's building on jeju island in an effort to create a ring around china or perhaps to deal with north korea are all setbacks to peace what's necessary i think at this point in time. step back from the process and the outside countries the other countries around the world must say wait a minute peaceful china south korea north korea japan as a region will have a huge impact on world east and i think it's really incumbent that we put pressures toward peace and not for amping up the conflict in the war the former russian intelligence officer alexander litvinenko who died in london from polonium poisoning six years ago was a paid agent for britain's n.i. six that's what a lawyer representing his widow told an official hearing earlier this week the investigation allege that at the time of his death levin and co had been tasked by m i six to help spanish intelligence investigate the russian mafia one of the laws involved in the case claimed the u.k. had obtained proof that moscow was behind his poisoning in an swans were made a tape of poetry hearing before the
states will bring merrily south korea's building on jeju island in an effort to create a ring around china or perhaps to deal with north korea are all setbacks to peace what's necessary i think at this point in time. step back from the process and the outside countries the other countries around the world must say wait a minute peaceful china south korea north korea japan as a region will have a huge impact on world east and i think it's really incumbent that we put pressures toward peace and...
19
19
tv
eye 19
favorite 0
quote 0
states will bring merrily south korea's building on jesuit island in an effort to create a ring around china perhaps and to deal with north korea are all setbacks to peace what's necessary i think at this point in time is not is to step back from the process and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan as a region will have a huge impact on world east and i think that it's really incumbent that we put pressures toward peace and not toward amping up the conflict anymore. and still to come scrubs against austerity as medical workers in spain stage a protest rally over the government's move to privatized the health care sector plus the united kingdom seems to be turning into an island of tax avoidance where giant companies get out of paying their fair share while people barely making ends meet are getting hit harder and more after the break. we speak to language. programs and documentaries in arabic it's all here on. reporting from the world talks about six of the interviews intriguing stories for you. in tr
states will bring merrily south korea's building on jesuit island in an effort to create a ring around china perhaps and to deal with north korea are all setbacks to peace what's necessary i think at this point in time is not is to step back from the process and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan as a region will have a huge impact on world east and i think that it's really incumbent that we put...
108
108
Dec 13, 2012
12/12
by
FBC
tv
eye 108
favorite 0
quote 0
china doesn't just get access to the canadian oil fields. the chinese get direct access to choose reserves in our own back yard in the gulf of mexico. it still needs approval from washington, but the chinese will control a major north american oil company. lou dobbs is with us now. i cannot imagine that you think this is a good idea. lou: is a terrible idea if it's not altered. as you know, the oil and the immense reserves, it will likely begin doing so over the years ahead. it is a big deal for the chinese. they also have control just about 116 million barrels of oil in the gulf of mexico, primarily fields off the coast of louisiana. those are under u.s. jurisdiction. the trick here is the chinese offshore oil company, the chinese national offshore oil company, they have run into this before. it was back in 2005 when they tried, as you probably recall, they ran into all sorts of issues due to better than other technology and resources held and it was locked. this time, i think it is -- it is very important that significant authorizations ar
china doesn't just get access to the canadian oil fields. the chinese get direct access to choose reserves in our own back yard in the gulf of mexico. it still needs approval from washington, but the chinese will control a major north american oil company. lou dobbs is with us now. i cannot imagine that you think this is a good idea. lou: is a terrible idea if it's not altered. as you know, the oil and the immense reserves, it will likely begin doing so over the years ahead. it is a big deal...
29
29
tv
eye 29
favorite 0
quote 0
concerns have been raised over the conservative party's comeback fears of the leaders close ties with china amid ongoing territorial tensions. at least one policeman and five militants have been killed in a shootout in pakistan a gun battle ensued as a thorough he's surrounded a house containing insurgents believed to have been involved in an earlier attack that saw men armed with rockets and suicide vests trying to penetrate a military facility at an international airport on saturday four civilians were killed and more than forty injured in that raid five attackers also died but. all the names of the victims of the u.s. elementary school massacre in connecticut have been released to twenty children gunned down in a shooting spree were aged between six and seven the attacker identified as twenty year old adam lanza shot dead his mother at their home before going to school to carry out the shooting to eventually turn the rifle on himself a memorial service for the victims has been held while flags flew. hamas in washington. ok now coming up a feature on a tourist attraction known as well the
concerns have been raised over the conservative party's comeback fears of the leaders close ties with china amid ongoing territorial tensions. at least one policeman and five militants have been killed in a shootout in pakistan a gun battle ensued as a thorough he's surrounded a house containing insurgents believed to have been involved in an earlier attack that saw men armed with rockets and suicide vests trying to penetrate a military facility at an international airport on saturday four...
29
29
tv
eye 29
favorite 0
quote 0
united states brought merrily south korea is building on july went in an effort to create a ring around china perhaps to deal with north korea are all setbacks to peace what's necessary i think at this point in time. to step back from the process and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan is a region will have a huge impact on world east and i think that it's really incumbent that we put pressure. peace and not amping up the conflict in the war our web team is working around the clock to provide you with the best stories and pictures on line here's what's a click away right now. what's in a name well just over forty five thousand dollars it seems because that's what one american man has earned after selling someone the right to give him a new surname find out his motivation at our t.v. dot com plus. watching you watching it a security firm has discovered a way to hack into so-called smart t.v.'s giving access to the devices built in camera and microphones allowing them to spy on everything you do. britai
united states brought merrily south korea is building on july went in an effort to create a ring around china perhaps to deal with north korea are all setbacks to peace what's necessary i think at this point in time. to step back from the process and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan is a region will have a huge impact on world east and i think that it's really incumbent that we put pressure. peace...
78
78
Dec 13, 2012
12/12
by
CNBC
tv
eye 78
favorite 0
quote 0
the reality is is the rate of growth of china, if you look at the long-term prospects for china, they're extraordinary. you realize that china is just in the first phases of a long-term domestic development. they're building an infrastructure of transportation, building an infrastructure of consumption in so many different parts of the world. it's such -- so many different parts of the country. it's not just what shanghai, beijing does. it's what so many other parts of the world are doing. and i think the long term over the next 20 to 40 cleyears of development for china. >> thanks for coming on. william lauder, talk to you again soon. i mean, china, their overall story, steph, sounds pretty good. >> it does. >> whether it's chip that or here in the united states. do you run with that? >> it's trading at 23 times forward estimate. it's expensive. certainly great double-digit growth. they're doing a great job on margins. based on his comments, look at coach, 12 times forward estimates and they've got a great presence in china and trying to increase their market share. they've got a great
the reality is is the rate of growth of china, if you look at the long-term prospects for china, they're extraordinary. you realize that china is just in the first phases of a long-term domestic development. they're building an infrastructure of transportation, building an infrastructure of consumption in so many different parts of the world. it's such -- so many different parts of the country. it's not just what shanghai, beijing does. it's what so many other parts of the world are doing. and...